Paladin Wealth LLC bought a new stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund bought 34,874 shares of the company’s stock, valued at approximately $1,307,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in SMOT. Gradient Investments LLC increased its position in VanEck Morningstar SMID Moat ETF by 4.1% in the second quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock worth $35,186,000 after purchasing an additional 35,422 shares during the period. Focused Alpha LLC bought a new stake in VanEck Morningstar SMID Moat ETF during the 3rd quarter worth about $5,721,000. Bank of New Hampshire bought a new stake in VanEck Morningstar SMID Moat ETF during the 3rd quarter worth about $3,060,000. Ascentis Independent Advisors acquired a new position in VanEck Morningstar SMID Moat ETF during the 1st quarter valued at about $2,040,000. Finally, Piedmont Capital Management LLC acquired a new position in VanEck Morningstar SMID Moat ETF during the 2nd quarter valued at about $2,141,000.
VanEck Morningstar SMID Moat ETF Stock Performance
VanEck Morningstar SMID Moat ETF stock opened at $39.98 on Monday. The company has a market cap of $444.98 million, a PE ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 1 year low of $34.25 and a 1 year high of $41.37. The company’s 50-day moving average is $39.28 and its two-hundred day moving average is $38.72.
VanEck Morningstar SMID Moat ETF Company Profile
The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.
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Want to see what other hedge funds are holding SMOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report).
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